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   Reliance Infraplans to raise funds in phases

The firm needs about Rs4,000 crore in the first phase for the 100-storey tower and business district plan.

   DivyaSree Developers plans hospitality foray

FORAYING into the hospitality sector in the south, Bangalore-based property developer DivyaSree is in talks with Starwood, Shangri-La, Hilton and Accor for operating hotels on a management contract basis.

   DivyaSree to foray hospitality segment

DIVYASREE Developers Pvt. Ltd., the f lagship company of Shyamaraju and Company (India) Pvt. Ltd., has more than three decades experience in construction.

   DivyaSree to invest Rs 210 cr in new ventures

DivyaSree Developers, a Bangalore-based property de-veloper with over 350 acres of land bank, plans to invest near-ly Rs 210 crore to set up hospi-talityprojects in Bangaloreand Hyderabad over the nextcou- pleofyears.